目前價格
$537.96
PE Ratio (TTM)
174.7x
內在價值
超出可靠範圍
Advanced Micro Devices, Inc.(AMD)的 PE 模型結果落在我們認為可靠的範圍之外,通常是因為盈利異常偏低、為負或波動較大。請對此處任何單一公允價值數字格外謹慎看待。
我們的 PE 模型如何運作 · 用 PE 模式重新計算 · AMD 內在價值(DCF 視角)
由於 AMD 的模型結果落在我們的可靠範圍之外,此處不給出高估或低估的判斷。請改用下方的 PE 計算器測試你自己的假設。
競爭護城河
↑AI晶片領導地位
AMD 在 AI 晶片市場取得顯著進展,其 MI300 系列產品展現強勁競爭力,吸引客戶採用,為公司帶來新的成長動能。
↑伺服器市場滲透
AMD 的 EPYC 處理器在伺服器市場持續擴大市佔率,憑藉其效能與性價比優勢,成功挑戰英特爾的長期主導地位。
↑技術創新能力
公司在 CPU 和 GPU 技術上的持續研發投入,使其能夠推出具備領先效能的產品,滿足資料中心和個人電腦市場不斷變化的需求。
投資風險
↓市場競爭激烈
半導體產業競爭異常激烈,英特爾和輝達等對手在 AI 和伺服器領域持續推出新產品,對 AMD 的市場地位構成威脅。
↓宏觀經濟波動
強勁的就業數據引發升息擔憂,導致半導體類股普遍下跌,顯示 AMD 的股價易受整體市場情緒和利率政策影響。
↓供應鏈依賴
AMD 依賴台積電等外部廠商進行晶圓代工,任何供應鏈中斷或產能限制都可能影響其產品的生產和交付。
基準情形
基準情形假設:盈餘年增長率 20.0%、目標 P/E 倍數 50x、折現率 10%、預測 5 年。資料截至 2026-06-29。
本基準情形採用預設假設,不構成投資建議。當目標 PE 或盈餘增長率變化時,公允價值會顯著改變。開啟計算器可設定你自己的假設,並查看完整的敏感度區間。
Advanced Micro Devices, Inc. (AMD), established in 1969 and headquartered in Santa Clara, California, operates as a global leader in the semiconductor industry. The company organizes its extensive operations into two primary segments: Computing and Graphics, and Enterprise, Embedded and Semi-Custom. In its Computing and Graphics division, AMD develops a range of products including x86 microprocessors (often as accelerated processing units), chipsets, and various graphics processing units (GPUs), encompassing discrete, integrated, data center, and professional variants, alongside providing development services. The Enterprise, Embedded and Semi-Custom segment focuses on server and embedded processors, bespoke System-on-Chip (SoC) products, and foundational technology for popular game consoles, also offering associated development support. AMD's diverse product lineup features processors for desktop and notebook personal computers under well-known brands such as AMD Ryzen, Ryzen PRO, Ryzen Threadripper, Threadripper PRO, AMD Athlon, Athlon PRO, AMD FX, AMD A-Series, and PRO A-Series. Discrete GPUs for these PCs are offered through the AMD Radeon graphics and AMD Embedded Radeon graphics brands, while professional graphics solutions include AMD Radeon Pro and AMD FirePro. Furthermore, the company provides high-performance accelerators for servers, including Radeon Instinct, Radeon PRO V-series, and AMD Instinct, along with AMD EPYC microprocessors designed for server environments. Its embedded processor solutions span multiple brands, such as AMD Athlon, AMD Geode, AMD Ryzen, AMD EPYC, AMD R-Series, and G-Series. AMD also produces chipsets under its own trademark and crafts customer-specific solutions leveraging its CPU, GPU, and multimedia expertise, including specialized semi-custom SoC products. AMD reaches its wide array of clients, which comprise original equipment manufacturers (OEMs), public cloud service providers, original design manufacturers (ODMs), system integrators, independent distributors, online retailers, and add-in-board manufacturers. The company's sales and distribution network includes its direct sales force, independent distributors, and dedicated sales representatives.
PE Ratio (TTM)
174.7x
PEG Ratio
1.42
Earnings Yield
0.57%
ROE (TTM)
8.1%
Revenue/Share (TTM)
$22.96
Debt/Equity
0.06x
AMD 的過去 12 個月市盈率反映投資者為 Advanced Micro Devices, Inc. 每一美元收益所支付的價格。該指標在與Semiconductors同類公司和公司自身歷史區間對比時最有意義。
AMD 的市盈率 174.7x 結合 PEG 比率 1.42 提供了增長調整後的視角。PEG 接近 1.0 表明市盈率與盈利增速基本匹配。注意 PE 估值最適合盈利穩定的成熟公司——對於高增長或週期性Semiconductors,DCF 分析可能更合適。
對 Advanced Micro Devices, Inc. 使用 PE 估值的步驟:(1) 將目前市盈率 (174.7x)與Semiconductors中位數對比評估相對定價,(2) 查看 PEG 比率 (1.42)以調整增長預期,(3) 參考 5 年 PE 歷史區間判斷目前位置,(4) 用目標 PE 乘以前瞻 EPS 估算公允價值。這種相對估值方法與 DCF 的絕對估值互為補充。
AMD 的 PEG 比率為 1.42,由市盈率(174.7x)除以預期盈利增速計算。PEG 接近 1.0 表明股價相對於增長合理定價。注意 PEG 的準確性取決於增長預期的可靠性。
PE 市盈率給出快速的相對定價——AMD 相對於Semiconductors同類的估值水平。DCF 基於預期自由現金流提供絕對價值。建議用 PE 做快速篩選,用 DCF 做深度分析。兩種方法各有盲區:PE 忽略了資本結構和現金流質量,DCF 則對增長率和折現率假設非常敏感。
本益比與 DCF 使用不同的方法和假設為 AMD 估值,因此兩者的結論可能不同。可對比 DCF 內在價值。
價格截至 2026-06-29。 財務數據來自 Financial Modeling Prep(過去 12 個月)· 估值方法論由 Charlie Wang 提供。
這是估計值,不構成投資建議。